MXP.L Share News (MXP)

Max Petroleum sells 51% stake to AGR Energy

Max Petroleum has announced the sale of a 51% stake in the company to AGR Energy, raising approximately £37.1m in the process. The Kazakhstan-focused company saw its shares rise 26.5% by 13:00 (BST) on Monday afternoon. In a statement the company, which began a strategic review of its operations la

UK MIDDAY BRIEFING: HSBC Results Below Expectations

UK WINNERS & LOSERS: HSBC And Intertek Rise Despite Lower Profit

Max Petroleum sells 51 pct stake to Assaubayev family

Aug 4 (Reuters) - Oil and gas company Max Petroleum Plc , which started a strategic review of its operations last week, said it had sold a 51 percent stake in the company and raised 37.1 million pounds ($62.4 million). Shares in the Kazakhstan-focused company rose as much as 32 percent in t

Max Petroleum Raises GBP37.1 Million From New Majority Shareholder

Max Petroleum says reviewing strategic options

July 22 (Reuters) - Oil and gas company Max Petroleum Plc said it was reviewing strategic options, including a sale. The London-listed firm, which has majority of its operations in Kazakhstan, said it had appointed Blackstone Group International Partners LLP as the exclusive financial advi

Max Petroleum Appoints Blackstone To Conduct Sale Process

Max Petroleum bags cost savings from new pipeline at Zhana

Max Petroleum shares spurted higher on Tuesday after the Kazakhstan-focused company said it would save $4 a barrel following the commissioning of a new oil pipeline that will connect its Zhana Makat field with the regional oil export pipeline. The annual transport cost savings are expected to total

UK MIDDAY BRIEFING: Tesco, Morrison's Continue To Struggle

UK WINNERS & LOSERS: Miners Buoyed By Chinese PMI Data

Max Petroleum Connects Oil Facility To Kazakh Pipeline

Max Petroleum shares pull back after reserves update

Shares in oil and gas company Max Petroleum pulled back sharply on Thursday after an strong leap earlier in the week despite the company reporting a solid update on its reserves levels at the March year-end. At the end of March 2014, the group had an estimated 9.5m barrels of oil equivalent (boe) i

UK MIDDAY BRIEFING: Platinum Miners Reach Tentative Union Deal

LONDON (Alliance News) - Lonmin Thursday said it has reached a tentative deal over wages and working conditions with the leadership of the union that has brought the South African platinum mining industry to a halt for several months.

In a statement, the company sai

UK WINNERS & LOSERS: ITV Leads Blue-Chip Risers As Miners Fall

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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ITV, up 2.7%. ITV's shares have spent June trading in tight ranges, and Libe

Max Petroleum Shares Drop By A Quarter On Lower Reserves Figures

LONDON (Alliance News) - Max Petroleum PLC shares slumped on Thursday as it said its proved and probable reserves, which include new drilling results from 35 wells, have fallen significantly when compared to the previous year. The Kazakhstan-focused oil and gas company said the competent pe